Login:



Subscribe for full access

Get A-Team's News Alerts


 
CetrelSecurities and Aim Software Extend Partnership to Delivery of Cleansed Reference Data

Josef Sommeregger Aim Last year, data management solution provider Aim Software signed a partnership with Luxembourg-based, application service provider (ASP) specialist CetrelSecurities (see our coverage here), which the vendors have now extended to the provision of cleansed reference data. The vendors are now working together to provide the Luxembourg market with an ASP platform based on the Gain data management platform, says Josef Sommeregger, vice president of business development and sales at Aim Software.

(more…)

09 Feb 2010
Channel:Reference Data Review
 
Algorithmics’ Cagan Talks up the Trend Towards a More Balanced Approach to Risk Modelling

Penny Cagan Algorithmics Following on from the signing of its first client of 2010 for its Algo First solution earlier this month, Algorithmics is counting on the move from a pure quantitative approach to risk to spur on further client interest this year. Firms are gradually moving towards more of a balanced quantitative and qualitative approach to risk, especially as a result of new regulations in this space, explains Penny Cagan, managing director of credit and operational risk content at Algorithmics, to A-Team Insight.

(more…)

09 Feb 2010
Channel:Risk & Regulation IT
 
Market Data Capacity - 2009 Review, 2010 Outlook

By Jeff Wells
Exegy
Co-chair FIF Market Data Capacity Working Group

From the safe distance of February 2010, we can look back at 2009, rake over the coals and think carefully about what lies ahead in 2010.

Before I start my survey, I must point out that I am indebted to the Financial Information Forum and its membership, especially the exchanges, for providing a vast array of vital statistics and updates. I have data from www.marketdatapeaks.com and my own thoughts of course; but it is not easy to beat the hard cold facts of FIF market capacity data.

(more…)

08 Feb 2010
Channel:Low-Latency.com
 
Fair Value Has Been Defined (Sort of), But What is Going on with the Harmonisation Agenda?

Last month, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) got together to hammer out a final definition for the term ‘fair value’. They agreed that it means an “exit price” in most markets, but in illiquid markets or those that are less active this involves the consideration of a number of variables that they have “tentatively” agreed upon. This, of course, has a significant impact on the levels of data that need to be provided alongside each price, but the lack of definitive standards is likely to prove a headache for valuations departments for some time to come.

(more…)

05 Feb 2010
Channel:Reference Data Review
 
FIRMS’ Valuation & Risk Strategies Group Launches Valuations Transparency Initiative

Frank Ciccotto S&P Following the restructuring of the Fixed Income Risk Management Services (FIRMS) unit to combine its securities evaluations, valuations services and market research teams into one group last month, the Standard & Poor’s owned analytics and research group has launched a new transparency initiative for fixed income valuations. The vendor is now offering the assumptions data underlying its pricing and valuations via the FIRMS Global Data Solutions platform and the FIRMS Global Credit Portal, says Frank Ciccotto, senior vice president of the new Valuation & Risk Strategies group.

(more…)

05 Feb 2010
Channel:Reference Data Review
 
CME Group Opts for Fitch Solutions and CMA Pricing Solutions for Clearing Operations

As part of its endeavour to establish itself as a clearing counterparty (CCP) in the OTC derivatives market, CME Group has this month selected two pricing solutions to support its CCP’s credit default swap (CDS) pricing and intraday risk management services: CMA’s DataVision and Fitch Solutions’ CDS Pricing Service. Anna Mazzone, vice president of product management and marketing at CMA, explains to A-Team Insight how DataVision will support CME Group’s OTC CDS Clearing service.

(more…)

05 Feb 2010
Channel:Reference Data Review
 
BNY Mellon’s Richmond Talks up Recent Investment in Valuations Capabilities and Importance of Data Centralisation

BNY Mellon Asset Servicing has invested in its client and regulatory reporting systems as a result of valuation and regulatory changes such as FAS 157 and FAS 132R-1, explains Chris Richmond, managing director of global product accounting for the fund administrator, to A-Team Insight. This has involved a significant investment in automating the upload of non-standard pricing sources and the scrubbing of same security prices from multiple sources, he elaborates.

(more…)

05 Feb 2010
Channel:Reference Data Review
 

 
 

Monthly A-Team Insight Review. Subscribers only.
Our quarterly in depth magazine.
Download Free!
 
A-Team Insight Podcast - January 2010
26 Jan 2010
A-Team Insight Podcast - December 2009
08 Dec 2009
Video: Standardisation Panel & Debate at FIMA 2009
25 Nov 2009
 
Trading Beyond the Horizon: Fragmentation Drives Multi-Market Execution
28 Jan 2010
Risk and Regulation IT Special Report: Coping with the Risk Management Challenges of Global Regulatory Change
30 Nov 2009
Industry Briefing & Survey: Harnessing Data for Better Valuations
19 Nov 2009
New Cinnober White Paper: Lowering Door-to-Door Latency to 25 Microseconds within 18 months
18 Nov 2009
Liquidity Risk Management Directory
10 Nov 2009
 
A-Team Insight Exchange

A-Team Insight Exchange is a new event series for 2010, which will combine A-Team’s expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners.

Click here for more information

 
 

Has your budget for new technology to meet compliance requirements:

View Results

Loading ... Loading ...
 
View A-Team’s Directory of vendors and service providers in each of these spaces:
Electronic Trading
Low Latency
Market Data
Electronic Trading
Risk IT